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WhatsApp introducing the crypto money as payment gateway ? Safe or Not?

WhatsApp is working on sending cryptocurrency . The popular instant messaging service included the United States in the testing process of the new feature. So, when will the feature that will make it possible to send money from WhatsApp? Details on the subject are here.

When Will WhatsApp Cryptocurrency payment gateway introducing?

Instant messaging platform WhatsApp Messenger, which has a huge popularity around the world, has been working on a feature that will make it possible to send crypto money through the application for a long time.

There has been an important development regarding the payment system of WhatsApp Messenger. The company also included the United States in the testing process. A limited number of users in Brazil, India, and the US are may be able to access the feature.

WhatsApp launches money sending feature in the US

WhatsApp has started testing its pilot application, which allows sending and receiving money within the chat, within the borders of the USA as will as in INDIA too . A limited number of users will be able to benefit from the application, which started today in the country . The announcement was made by Novi’s President, Stephane Kasriel  . 

Kasriel said:

“Starting today, a limited number of people in the US will be able to send and receive money using WhatsApp via Novi. Thus, for users, sending money to their family and friends will be as easy as sending a message.”

-Kasriel

In the application , shipping is provided using the Dollar-indexed Pax Dollars (USDP) cryptocurrency . Sending money is powered by the Novi digital wallet , which was launched about a month and a half ago by WhatsApp’s founding company, Meta .

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Novi states that users will not be subject to any limitations on how often they can send money using the service . He also adds that they won’t have to pay any fees to maintain their balances or transfer funds to their bank accounts

Novi shared details about sending on its official site. According to the statement, sending money will be as easy as sending an image or document in chat. Android from the paperclip icon , iOS ‘icon representing the plugin plus the symbol to locate the portion of the payment.

What do you think about the innovations of WhatsApp? Do you think the cryptocurrency or money sending application offered by Meta is safe? Please share your thoughts with us in the comments section.

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